Stock Market & Financial Investment News

Ocean Rig UDW reports Q2 EPS 53c, consensus 40cReports Q2 revenue $441.4M, consensus $418.11M. The company said, "During the second quarter, and as previously announced, we signed final documentation with Total for the 6 year contract for the Ocean Rig Skyros securing employment for the drillship until the third quarter of 2021. In addition we signed a minimum 6 well program with Premier Oil for drilling offshore the Falkland Islands for the Eirik Raude. With the addition of this contract we are in a very comfortable position with 100% and 72% of our calendar days under contract in 2014 and 2015 respectively."